Subscribemarket trend aj up ka signal da ra ha is ma hmy buy ki trade lgani chahey agr profit gain krna ha to q k resistance b up ho ri hn or supporting levels b up ka dikha ry hn..
ya mri zati ray ha...
Thread: Oil
market trend aj up ka signal da ra ha is ma hmy buy ki trade lgani chahey agr profit gain krna ha to q k resistance b up ho ri hn or supporting levels b up ka dikha ry hn..
ya mri zati ray ha...
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oil kaafi time se bnahut strong chal raha tha may be because of Libiya riots..
jab tak isko cross nahi karega tab tak iski buying karna thik nahi lag raha...
94 ke as pas iska 1 chota sa support hai..i think oil 94 tak jayega uske bad uptrend me jayega
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Initial support at 100.00 (Intraday Support) followed by 98.00 (Intraday Support). Initial resistance is now at 103.00 (Intraday resistance) followed by 105.00 (Intraday Resistance).
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The January futures price of WTI rose to 88.13 dollars a barrel on the New York Mercantile Exchange. Futures rose by 0.8 %, after U.S. President Barack Obama made a new proposal as the solution of avoiding the
“fiscal-cliff” and House Speaker, John Boehner was able to change his opinion on the higher tax rates for high-paid employees in order to make a step towards the accomplishment of the agreement
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Today we've seen that Oil moved upward. Its highest position was 89.87 which is highest in the recent history. What do you traders think about its next movement? Will it cross 91.00 in recent future? Actually its movement is very fast sometimes. Need some information from the expert traders.
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Oil (September) WTIBlack gold tends to slide testing 93.90 / 70 USD / barrel, the breakthrough opens the potential for 92.80 / 60 USD / barrel ... possible combination of negative ISM service sector on Wednesday and Friday nonfarm Payrolls negative potential direction of the opening $ 90.00 / barrel .. first resistance at 95.50 / 70 USD / barrel.
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Crude Oil on the 4 Hours Chart has been in an uptrend since 13 May 2019 when it registered the low price at 60.611. On 16 May 2019, Crude Oil recorded the high price of 63.452. Applying Oscillator Analysis on the price chart, one can notice that price is trading above the SMA 60 period Moving Average line, a fact that confirms the upward direction of Black Gold....
1 Resistance is: 62.23
2 Resistance is: 62.59
3 Resistance is: 62.96
1 Supporting is: 61.87
2 Supporting is: 61.45
3 Supporting is: 60.91
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Oil (September) WTIBlack gold tends to slide testing 93.90 / 70 USD / barrel, the breakthrough opens the potential for 92.80 / 60 USD / barrel ... possible combination of negative ISM service sector on Wednesday and Friday nonfarm Payrolls negative potential direction of the opening $ 90.00 / barrel .. first resistance at 95.50 / 70 USD / barrel.
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If a M15 close above 88 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 86 sell only and do not buy. If price closes back above it again do nothing
The range 85 and 86 is neutral area, any trade done in between is personal decision and not part of this analysis
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My technical Analysis for today on Diesel is;
Open= 311.50
High= 315.50
Low =308.25
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